American Stock Exchange Lists Notes Based on the S&P 500 Index
April 27 2004 - 3:34PM
PR Newswire (US)
American Stock Exchange Lists Notes Based on the S&P 500 Index
NEW YORK, April 27 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today began trading Citigroup Global Markets 1.5%
Principal- Protected Equity Linked Notes based upon the S&P 500
Index . Trading under the ticker symbol PDY, 8.95 million shares of
the new security were issued at $10 each with a maturity date of
October 29, 2009. The security will bear interest at a rate of 1.5%
per annum, paid in cash semi-annually on the 29th of April and
October commencing on October 29, 2004. The notes are not subject
to redemption at the option of the holder prior to maturity. At
maturity, investors will receive payment equal to the sum of $10
and an interest distribution amount based on the monthly returns of
the S&P 500 Index. The issuer is Citigroup Global Markets and
the Amex specialist unit for the new listing is Wolverine Trading
LLP. If you would like to receive a copy of the prospectus for PDY,
please contact the Capital Markets Group at the American Stock
Exchange at (212) 306-1659. The American Stock Exchange(R)
(Amex(R)) is the only primary exchange that offers trading across a
full range of equities, options and exchange traded funds (ETFs),
including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the
ETF, responsible for bringing the first domestic product to market
in 1993. Leading the industry in ETF listings, the Amex lists 138
ETFs. The Amex is also one of the largest options exchanges in the
U.S., trading options on broad-based and sector indexes as well as
domestic and foreign stocks. For more information, please visit
http://www.amex.com/. DATASOURCE: The American Stock Exchange
CONTACT: Lynn Duffy, American Stock Exchange, +1-212-306-1654, Web
site: http://www.amex.com/
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